Rights on Event of Default. Upon the occurrence and during the continuance of an Event of Default, Administrative Agent, at its option, may withdraw the Reserve Funds and the other funds in the Security Accounts and apply such funds to the items for which the Reserve Funds were established or to payment of the Loans in such order, proportion and priority as Administrative Agent may determine in its sole and absolute discretion. Administrative Agent’s right to withdraw and apply such funds shall be in addition to all other rights and remedies provided to Administrative Agent on behalf of the Lenders under the Loan Documents.
Rights on Event of Default. Upon occurrence of an unspecified Event of Default, we may specify a date for the termination of any or all outstanding Transactions by notice to you. The occurrence of an Event of Default of a type specified under section 32 above will result in the automatic termination of all outstanding Transactions. If any or all outstanding Transactions are terminated pursuant to the forgoing, we will be entitled, without prior notice to you and without limitation of any other rights or remedies we may have under this Agreement or otherwise, to take any or all of the following actions:
Rights on Event of Default. If an Event of Default has occurred and is continuing, then and in every such case the Security Interests of each Debtor shall become enforceable and the Creditor, in addition to any rights now or hereafter existing under applicable Law may, personally or by agent, at such time or times as the Creditor in its discretion may determine, do any one or more of the following:
Rights on Event of Default. If an Event of Default has occurred and is continuing, then and in every such case all of the Secured Liabilities shall, at the option of the Administrative Agent, become immediately due and payable and the Security Interests shall become enforceable and the Administrative Agent, in addition to any rights now or hereafter existing under applicable Law may, personally or by agent, at such time or times as the Administrative Agent in its discretion may determine, do any one or more of the following:
Rights on Event of Default. At any time after the occurrence of an Event of Default and while the same is continuing (and in addition and without prejudice to any other rights of the Agents or the Lenders):
Rights on Event of Default. Notwithstanding anything in this Agreement to the contrary, upon the occurrence and during the continuance of an Event of Default, Administrative Agent, at its option, may from time to time, without notice to Borrower (except as may be required by applicable law), withdraw all of the Cash Management Reserve Funds and apply such funds to payment of the Indebtedness in the order and amounts provided for in Section 11.4. Administrative Agent’s right to withdraw and apply such funds shall be in addition to all other rights and remedies provided to Administrative Agent on behalf of the Lenders under the Loan Documents or applicable law. (8)
Rights on Event of Default. 7.1.1. Upon the occurrence of any Event of Default, the Bank shall have the right, upon notice to the Company, (except that upon the occurrence of an Event of Default under Section 8(h) or 8(i) of the Loan Agreement, no notice shall be required) to declare the Obligations immediately due and payable and may, without demand of performance or other demand, advertisement or notice of any kind to or upon the Company or any other Person (all and each of which demands, advertisements and/or notices are hereby expressly waived), forthwith exercise such rights and remedies as are provided by the UCC and such other rights and remedies in
Rights on Event of Default. 7.1.1. Upon the occurrence of any Event of Default, the Bank shall have the right, upon notice to the Company, (except that upon the occurrence of an Event of Default under Section 8(h) or 8(i) of the Loan Agreement, no notice shall be required) to declare the Obligations immediately due and payable and may, without demand of performance or other demand, advertisement or notice of any kind to or upon the Company or any other Person (all and each of which demands, advertisements and/or notices are hereby expressly waived), forthwith exercise such rights and remedies as are provided by the UCC and such other rights and remedies in respect thereof as it may have at law or in equity or under any of the Loan Documents, including without limitation the right to enter any premises where any of the Collateral is located and take - 9 - 105 possession of the same without demand or notice and without prior judicial hearing or legal proceedings, which the Company hereby expressly waives, and to sell all or any portion of the Collateral at public or private sale, without prior notice to the Company except as otherwise required by law (and, if notice is required by law, after 10 days prior written notice), at such place or places and at such time or times and in such manner and upon such terms, whether for cash or on credit, as the Bank in its sole discretion may determine. Upon any such sale of any of the Collateral, the Bank may purchase all or any of the Collateral being sold, free from any equity or right of redemption. The Bank shall apply the proceeds of any such sale as provided in Section 6. If such proceeds are insufficient to pay the amounts required by law, the Company shall be liable for any deficiency in the amount so realized from the Collateral.
Rights on Event of Default. Upon the occurrence of an EVENT OF DEFAULT and at any time thereafter, the MORTGAGEES may exercise any one or more of the following rights and remedies (subject to the restrictions set forth in the SUBORDINATION AGREEMENT):
Rights on Event of Default. Subject to the Initial Order, if an Event of Default has occurred and is continuing, then and in every such case the Security Interests of each Debtor shall become enforceable and the Canadian Collateral Agent, in addition to any rights now or hereafter existing under applicable Law may, personally or by agent, at such time or times as the Canadian Collateral Agent, in its discretion may determine, do any one or more of the following:
